Quality and Service contacts from hotels will be handled by Guest Relations in the ‘One Contact Resolution’ process. Initial Franchise Fee. (b) $2,195 for initial onboarding certification. maintain accurate franchise data but does not guarantee nor assume liability for During the term of the agreement, the franchisor will provide required and optional training programs at various locations, including its headquarters. Sign up here to get the latest franchise opportunity updates and more delivered directly to your inbox. IHG franchisees benefit directly from our global support network, integrated distribution, technology resources and award-winning marketing initiatives. The above information has been compiled from the FDD of InterContinental Hotels & Resorts. For Hotels that do not participate in Revenue Management for Hire, additional costs of between $30 and $60 may apply for competitive rate insight shopping. All expenses, including attorneys’ fees and court costs, incurred by HHFL, its parents, subsidiaries, affiliates, and their successors and assigns to remedy any defaults of, or enforce any rights under the license; to effect termination of the license; or collect any amounts due under the license. By Hotel Business on August 21, 2018 Print Stories. A HHFL employee will visit the hotel to assist in the hotel’s becoming an InterContinental Hotels & Resorts brand hotel. Copyright © 1998-2021 Franchise Direct. Prior to activating IHG Concerto, Yield & Price Optimization, a hotel representative must attend IHG Concerto, Yield & Price Optimization, and The Fundamentals Training. While the Initial Franchise Fee can be seen as the upfront cost to join as a “member” of the franchise system, the royalty payments can be seen as the ongoing “membership fees” required to remain that membership. Holiday Inn Express continues to Stay Smart by offering travelers competitive rates and convenient locations around the globe. Franchising.com franchise profile for InterContinental Hotels Group . Find detailed information about Hilton Hotels & Resorts franchise cost and fees at FranchiseDirect.com. Ongoing Membership Fees . Franchising is the dominant … InterContinental Hotels Group is waiving cancellation fees for existing and new bookings at all IHG hotels globally for stays between March 9 and April 30, 2020. Hotel franchise fees are compensation paid by the franchisee to the franchisor for the use of the brand’s name, logo, marketing, and referral and reservation systems. (These fees are modifiable with 90 days written notice. Be the first to know! Want to earn more hotel … Initial Franchise Fee – $75,000; Ongoing Royalty Fee – 5%; Staybridge Suites; Staybridge Suites is an all-suite, residential-style brand of hotels within the InterContinental Hotels Group (IHG). (a) $8,000 plus expenses and covers two attendees for the HOST and ramp-up program. The Holiday Inn Express prototype design allows for lower costs, lower overhead, and a more efficiently-staffed operation. IHG will also earn license/franchise fees, but apparently will also be liable for property taxes, insurance and future maintenance capital expenditure. IHG has signed 14 properties in China, as it expands franchising in the country. Franchisees make up the majority of the business, as 4,615 hotels out of 5,518 are operated under franchise agreements. Copyright © 1999-2021 TheFranchiseMall.com. Legal Disclaimer: This information is not a franchise offering InterContinental Resorts are located in resort destinations. Every General Manager must satisfactorily complete the GM initial certification training program within 180 days of assuming the position, and must be acceptable to the franchisor. Read our two-part overview of IHG Rewards here and here and our article on expiry rules here. Theo Randall, until recently partner and head chef at London's critically acclaimed The River Caf�, opened his own restaurant at the newly refurbished InterContinental London Park Lane on 6th November 2006. Franchise fees – £60,000. Holiday Inn is a British-owned American brand of hotels, and a subsidiary of InterContinental Hotels Group. Activation Training for IHG Concerto, Yield & Price Optimization: Prior to activating IHG Concerto, Yield & Price Optimization, a hotel representative must attend IHG Concerto, Yield & Price Optimization, and The Fundamentals Training. Initial fee of $125-$150 per room in the first year of installation plus $20.00 to $25.00 per room, per year for software and maintenance support, Security Software for Public Access Computers (Business Centers). Initial franchise fee: $75,000 New units in 2016: 212 units (10.9 percent) There are a ton of Hilton hotel franchises on our Franchise 500 list, but Hampton is the best-rated of them all. Franchise Direct's reputation for integrity in the franchise industry has been established over our 20+ years in business.